Mexico’s consumer prices rose 0.65 per cent in October from September and 3.75 per cent from a year earlier. Core prices increased 0.34 per cent over the month. The end of summer electricity tariff subsidies in 18 cities contributed to a larger rise outside the core basket, while services prices increased faster than merchandise prices.
Mexico’s national consumer price index rose 0.65 per cent in October from September and 3.75 per cent from a year earlier, according to the national statistics agency INEGI.[1], [2]
In October 2025, monthly inflation had been 0.36 per cent and annual inflation 3.57 per cent. The index tracks a basket of goods and services representing Mexican household consumption. The agency published the October results on 9 November.[1]
Core prices increased 0.34 per cent over the month and 3.80 per cent annually. Within that basket, merchandise rose 0.22 per cent monthly, compared with 0.44 per cent for services. Their annual increases were 3.25 per cent and 4.32 per cent respectively. Processed food, beverages and tobacco increased 0.24 per cent monthly and 4.53 per cent annually, while non-food merchandise rose 0.21 per cent and 2.15 per cent on the same bases.[1]
Non-core prices rose 1.75 per cent monthly and 3.59 per cent annually. INEGI linked much of the 2.13 per cent monthly increase in energy and government-authorized tariffs to summer electricity tariff subsidies ending in 18 cities. Electricity prices rose 18.51 per cent. Fruit and vegetables increased 2.35 per cent monthly and 13.19 per cent annually.[1]
